Stena’s property operations are managed by Stena Fastigheter in Sweden and by Stena Realty internationally. The total owned and managed portfolio comprises 2.4 million sqm, where of the majority is in Sweden. With tenancy as its form of tenure, Stena Property develops long-term, attractive residential environments and workplaces. Stena Property’s goal is to be the first choice of tenants.
Customer service around the clock and in any language
Stena Property has building rights in its own residential areas, with the possibility to build 10,000 apartments. The company will double its rate of construction to 1,000 apartments a year between now and 2020.
Half of the 1,000 apartments now under construction will be condominiums. In Nöbbelöv in northern Lund, four tower blocks are being built on land that was previously parking or unused green space. Two of the properties will be housing associations and two will be rental properties – all offering the same standard.
High demands on management
Stena has sold three small properties in Stockholm and one in Mölndal. In Haninge, construction of student apartments and ordinary rental apartments is complete. In Landskrona, Stena Property acquired 1,225 apartments in great competition from the municipality-owned Landskronahem.
The SCA building in Mölndal was completed and taken over in December 2016. The building is environmentally certified according to BREEAM, level Excellent, and houses high-tech business, which places high demands on property management.
Stena has purchased land in Sophia Antipolis in France to double the 50,000 sqm that the company already owns. In the Netherlands, the company has let 36,000 sqm of office space and converted an office building into residential units.
Digitalisation provides better service
Within two years, most of the tenants will have access to the fibre network. By using algorithms, customer service can be offered around the clock and in any language. Tenants can get answers to frequently asked questions and manage the service more easily themselves. Pilot projects are being performed during 2017.
Digitalisation is used in the sale of owner-occupied apartments. Advanced VR technology means that speculators can see a preview of what the apartments will look like.
Christel Armstrong DarvikCEO, Stena Property
Over the next few years, we are building 1,000 apartments every year and continue to develop our condominium business. This provides an opportunity for people to climb the housing ladder without being forced to move from the area. We offer a mix of apartments in the residential areas. There will be apartments that are not renovated, but also apartments renovated to plus standard, brand new apartments and condominiums. Freedom of choice means development of the area.
Project Masthuggskajen is continuing in Gothenburg, where we and other construction companies are developing a dynamic, vibrant and contrasting quarter, with a mix of apartments, offices, shops, restaurants, parks and pedestrian zones.
In our hotel property in Brunkebergstorg in Stockholm, Scandic Hotel’s new signature hotel Urban Escape will be inaugurated during the autumn 2017. The hotel is a quiet oasis in the midst of all the concrete, steel and city pulse.